616 Yegua DR, Lexington TX 78947

Reviewing the most recent comparable transactions, this home's market value falls around $266,773. For a well positioned listing in 78947, I'd target the $186,000 to $196,000 range. At this price, the property would be the 3rd most expensive of 5 comparable homes on the market comparable homes currently on the market in 78947. The 2006 construction puts this home 8 years newer than the comp average, a factor in the pricing. At 0.28 acres, the lot is smaller than the 0.33 acre comp average, which factors into pricing. 5 similar homes are currently available in 78947, creating a buyer's market for this price range. Recent trends in 78947 show home values have risen 1.4% since 6 months ago. The most comparable recent sale is 617 Caldwell ST, Lexington TX 78947, with an adjusted value of $223,973; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group